What an amazing first set of sessions at #NPGathering15. We heard great dialogue about race, class and opportunity from John Rice (MLT), Maria Teresa Kumar (Voto Latino) and Allen Blue (LinkedIn). We also saw bold Bets presentations from Eric Dawson (Peace First), Dr. Nadine Burke Harris (Center for Youth Wellness) and Elisabeth Mason of Single Stop.
Here is our next set of Bet presenters:
Jonny Price (Kiva Zip): "There are over 20 million micro-enterprises in America; 8,000 small business loan applications are rejected by banks every day; and last year there were only around 30,000 microloans made by U.S. microfinance institutions. The insight into this problem that we are really excited about is what we call social underwriting. Rather than underwriting loans based on conventional financial criteria (like FICO score, cashflows, collateral, etc.), we base our lending decisions on a borrower character and trust network. In simplest terms, we are re-inserting human relationships into our financial system."
Vineet Singal (CareMessage): "Being a low-income patient is a significant predictor of low health literacy and poor self-management skills in terms of health behaviors. From talking with patients in Galveston, I realized that targeted and tailored self-management support could often alleviate and prevent many common ailments. But I felt alone in this observation; the clinic was spending almost all of its time on treatment, and not enough on providing ongoing self-management support. I also knew that low-income adults and adolescents, according to the Pew Research Center, utilize cell phones and text messaging more so than individuals that are medium- or high-income. CareMessage are using mobile technology to create better health outcomes via active feedback loops that result in greater connectedness and real-time information transfer between people and health care systems. In only two short years, we have established contractual relationships with nearly 100 healthcare organizations and social services agencies in 17 states nationwide that are actively embracing our model. In the next two years, we hope to triple this number, and at the same time, continue to develop strong metrics tied to improved clinical outcomes and reduced cost of care."
Latricia Barksdale (Teach For America): "We realized that our function-driven, organizational matrix structure had reached the limits of its utility and given our current scale, the differentiated needs of local communities, and the talent capacity we needed in our field, we needed an alternative. We realized that three kinds of changes would be needed to achieve a new vision for the set-up of our organization:
- Remove current barriers to empowerment and responsiveness to regions and communities
- Invest in the capacity of our regional leaders and boards
- Reimagine the role the national organization plays
We reinvented TFA’s operating model to shift from a national- and function-driven model that supported rapid growth while ensuring consistency and quality in our program, to a community-driven model that supports local partnerships and customization, innovation, and the building of local capacity."
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